TIPS are not the everyday investor's product. You need to hold them to maturity to beat inflation - and few people are willing to lock up their money for 5, 10,

TIPS are not the everyday investor's product. You need to hold them to maturity to beat inflation - and few people are willing to lock up their money for 5, 10, or 30 years. In major market drawdowns like the ones we've seen, TIPS returns have not done well. A high yield checking account is a better product for the typical investor - assuming they understand APY and that the yield resets periodically (monthly).